NEW YORK CITY-Per the recent shuffle, Peter J. Davoren, former senior VP at Turner, was appointed president of locally based Turner Construction Company. He succeeds Robert E. Fee, who will retain his role of CEO.
NEW YORK CITY-The retail industry here has gotten a bit of a boom recently with Coliseum Books and Forever 21 signing leases in Manhattan for a combined total of 36,000 sf. Forever 21 also inked a separate lease for a 20,000-sf store in Brooklyn.
EDGEWOOD, NY-The shipping logistics service provider leases an entire 40,000-sf building in the Heartland Industrial Park here. Grubb & Ellis Co. arranged the approximate $1-million deal.
NEW YORK CITY-The competition to redevelop the World Trade Center site is expected to be narrowed today when a committee led by the Lower Manhattan Development Corp. announces its two selections during a press conference to be held Downtown at 1pm EST.
NEW YORK CITY-Filling a spot that's sat vacant for more than five years, Cushman & Wakefield has appointed Tony Marano as its COO for the US. Marano comes from Lucent where he served as VP of business services.
NEW YORK CITY-Boosting its presence in the urban redevelopment segment, Thor Equities has brought three new executives on board who specialize in retail and mixed-use city projects.
NEW YORK CITY-Consolidating its Midtown address, the law firm O'Melveny & Myers LLP has inked a 20-year lease for 206,958 sf in Times Square Tower. The firm is filling the space that was previously set to be occupied by Arthur Andersen.
NEW YORK CITY-This marks the fourth real estate investment fund for Sterling American Property Inc. The fund's first transaction, the $30-million First Union Tower in Orlando, was completed last month.
NEW YORK CITY-Formed by two NYC construction/environmental lawyers, Sitomer Environmental is setting is focus on reducing mold-related risks in the real estate sector.